BILL NUMBER: AB 1323	CHAPTERED  09/01/99

	CHAPTER   296
	FILED WITH SECRETARY OF STATE   SEPTEMBER 1, 1999
	PASSED THE SENATE   AUGUST 16, 1999
	PASSED THE ASSEMBLY   MAY 25, 1999
	AMENDED IN ASSEMBLY   APRIL 22, 1999
	AMENDED IN ASSEMBLY   APRIL 15, 1999

INTRODUCED BY   Assembly Member Floyd

                        FEBRUARY 26, 1999

   An act relating to public employees' retirement.

      e law without Governor's signature.  Filed with
Secretary of State September 1, 1999.)



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1323, Floyd.  Public employees' retirement:  calculation of
benefits.
   Under the Public Employees' Retirement Law, the retirement
allowance of a state member who retires or dies on or after July 1,
1991, is based on the member's highest annual compensation during his
or her last 12 months of employment.  With respect to members who
retired or died prior to that date, the allowance is based on the
highest average annual compensation during their last 36 months of
employment.
   This bill would provide that the retirement allowances for
specified former legislative employees who retired in January,
February, or March 1991 shall be recalculated based on any such
employee's highest average annual compensation during any 12-month
consecutive period of employment.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  Notwithstanding Section 20035 of the Government Code,
the retirement allowances of those former legislative employees who
accepted an offer of early retirement in  January, February, or March
1991 shall be recalculated based on the respective employee's
highest average annual compensation during  any 12-month consecutive
period of employment.
